I’m not a certified financial planner but here goes. All things have value. Some are corporeal, meaning you can touch or feel, and some things are incorporeal, meaning something you can’t touch or feel (example would be stock ownership). All investments have differing benefits & disadvantages. There is usually always a trade off. Money invested in a brokerage account is something you can’t touch or feel. It is low maintenance but sometimes volatile. You can’t really enjoy the asset while you own it. On the other hand, some things you can enjoy while you own it. If you invest in a boat, for example, that appreciates in value while you own it AND you enjoy it while you own it, you receive two benefits.

Land is an asset you can enjoy while you own it. It is not volatile. You may enjoy a financial benefit through a crop yield like agriculture, timber, or livestock while at the same time enjoy hunting, fishing, and recreational benefits. Land may not appreciate quite as fast as some other investments but sometimes property can increase in value very quickly. You may be pleasantly surprised if you get offered a substainual amount of money for oil & gas leases, water, tower rental, or right-of-way easements while you own your land.

I would never advise anyone to put all their money in land. I think it is a good idea to look at the big picture and visualize where you want to be in 10-20 years. Evaluate your goals and determine what brings you the most happiness. Money is great, but money is only good for the benefits it brings to you. Money is only good to do the things you want to do. Unrealized, it is worthless. Use the strategy that most financial planners use. Diversify. Don’t put all your eggs in one basket. Do invest in land. Land is ROCK SOLID. If you don’t believe me, think of it this way. Most loans made at the banks are secured by REAL ESTATE. Yes, small percentages are based on accounts receivable, stock, or sales, but most is REAL ESTATE. Like money in the bank, REAL ESTATE is always good collateral.

Buy land. Enjoy land. Invest wisely. But most of all, invest in all the things you enjoy.